Luxury house: not only a dream!
Notwithstanding this, however, in the annual report of the real estate sector across
Europe and all countries that have strongly affected by the crisis there was a, albeit slight, recovery sector of the property. The only country where this shot was really vague was Italy. In fact, the beautiful country property market is still very far from the recovery of prices and quantities compromised.
In fact, while in other European countries during the spring climate of trust in the state and its institutions will be strengthened thereby restarting investments and increases in trading in Italy that did not happen so requests for residential properties have practically stabilized, the demand for properties to be used for production activities is an area still depressed that surely will soon resume its long as the business sector is still seriously depressed and uncertain. The offer currently available is very high especially when compared with data dating back to just two years ago 'when clearly stipulated 800 000 Trading homes.,
When the crisis had not bitter about this area and sees no way of' output because the credit problems are widespread among the citizenry that often is not able to face a mortgage on this scale or have credit problems that might prevent young couples can deal with spending that involves a house.
The real estate sector is not affected by this situation is only one: the luxury properties. This fact may be described as the only branch of the housing market that has experienced downturns during the crisis, even maintained a good balance between supply and demand which has helped the sector not only to remain in business even during the crisis but also grow and flourish new activities that have been able to enjoy the moment favorable to their development. But the scope of luxury homes is truly a world apart in the housing market because there have never been significant drops in the market or trading blocs. In the collective fact the luxury home is a safe investment, at which point it guaranteed return. Even in "our" Milan made an inquest interviewing several real estate agents confirmed not only that the market had never been inflections but it seems that even the demand exceeds the supply of such properties that the city can give.
The only flaw of this market seems to be a recent "black spot", the environmental disaster caused by the oil in the Gulf of Mexico seems to have a marked influence on the luxury property market in that area many are the stars and "rich" who took home not only Florida but also the entire surrounding area.
Luxury house: not only a dream!
By: Martina
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